https://www.taxtmi.com/caselaws?id=233922 A writ challenge to a SARFAESI notice at the Section 13(2) stage was treated as premature because the borrower's right to move the Debts Recovery Tribunal arises only after measures under Section 13(4). The Court noted that the borrower could submit objections under Section 13(3A), but rejection of those objections did not itself create a tribunal remedy. As an efficacious statutory remedy remained available, and the petitioner had earlier been directed to pursue it in similar matters, the High Court declined interference and relegated the petitioner to the Tribunal. en-us Thu, 21 Jun 2012 00:00:00 +0530 Tue, 21 May 2013 08:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233922 A writ challenge to a SARFAESI notice at the Section 13(2) stage was treated as premature because the borrower's right to move the Debts Recovery Tribunal arises only after measures under Section 13(4). The Court noted that the borrower could submit objections under Section 13(3A), but rejection of those objections did not itself create a tribunal remedy. As an efficacious statutory remedy remained available, and the petitioner had earlier been directed to pursue it in similar matters, the High Court declined interference and relegated the petitioner to the Tribunal. Case-Laws Indian Laws Thu, 21 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233922